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PB (Prosperity Bancshares) Debt-to-Equity : 0.53 (As of Sep. 2024)


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What is Prosperity Bancshares Debt-to-Equity?

Prosperity Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Prosperity Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,900 Mil. Prosperity Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $7,361 Mil. Prosperity Bancshares's debt to equity for the quarter that ended in Sep. 2024 was 0.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Prosperity Bancshares's Debt-to-Equity or its related term are showing as below:

PB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.24   Max: 1.12
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Prosperity Bancshares was 1.12. The lowest was 0.02. And the median was 0.24.

PB's Debt-to-Equity is ranked better than
56.25% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs PB: 0.53

Prosperity Bancshares Debt-to-Equity Historical Data

The historical data trend for Prosperity Bancshares's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prosperity Bancshares Debt-to-Equity Chart

Prosperity Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 - - 0.55 0.53

Prosperity Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.53 0.55 0.54 0.53

Competitive Comparison of Prosperity Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Prosperity Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Prosperity Bancshares's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prosperity Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Prosperity Bancshares's Debt-to-Equity falls into.



Prosperity Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prosperity Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Prosperity Bancshares's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prosperity Bancshares  (NYSE:PB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Prosperity Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Prosperity Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Prosperity Bancshares Business Description

Traded in Other Exchanges
Address
Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027
Prosperity Bancshares Inc provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma.
Executives
Ned S Holmes director 55 WAUGH DRIVE, HOUSTON TX 77007
Timanus H E Jr director, officer: Executive Vice President
Leah Henderson director 15415 PRADE RANCH LANE, CYPRESS TX 77429
Robert H Steelhammer director 2100 W LOOP S STE 1400, HOUSTON TX 77027
L. Jack Lord director 4295 SAN FELIPE, HOUSTON TX 77027
Asylbek Osmonov officer: Interim CFO 4295 SAN FELIPE, HOUSTON X1 77027
Laura Murillo director 4295 SAN FELIPE, HOUSTON TX 77027
Ileana M Blanco director 4295 SAN FELIPE, HOUSTON TX 77027
George A. Fisk director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert J. Dowdell officer: Executive Vice President 4295 SAN FELIPE, HOUSTON TX 77027
David Zalman director, officer: President and Chief Executive 316 E CALHOUN, EL CAMPO TX 77437
James A Bouligny director P O BOX 1567, EL CAMPO TX 77437
Charlotte M Rasche officer: Executive Vice President 80 SUGAR CREEK CENTER BOULEVARD, SUGAR LAND TX 77478
Edward Z Safady officer: President 80 SUGAR CREEK CENTER BLVD, SUGAR LAND TX 77478
Kevin J Hanigan director, officer: President & COO LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024